wwwdev@monash.edu.au
Wed Dec 2 13:01:52 EST 1998
Auth: C Whip, University Webmaster's Office
Copyright © Monash University 1998 - All Rights Reserved - Caution
On completion of a major in economics in the Bachelor of Economics or Bachelor of Commerce, students should have progressed from a general understanding of the economic way of thinking and simple analysis of economic problems in the first year, through the acquisition of more technical economic analytical tools in the second-year core subjects, to being able to apply these concepts and tools to more sophisticated and informed analysis of economic problems and policies in a range of economic specialisations in second and third-year subjects. They should have acquired understanding of the institutional and social settings and constraints within which economic decisions are made and economic policy formulated. Students who take economic history subjects should have added an historical perspective.
On completion of third year, students should be able to address a wide range of economic problems with the ability to conceptualise and analyse them. In the process an understanding of how various parts of the economy fit together and interact should have been developed. Students should have acquired and developed processes of logical thought which can be applied widely, and they should be able to communicate the results to others. Students should be able to undertake economic analysis for employers in business and government. They should also be able to conceptualise and analyse problems in any area that requires the management of scarce resources. These modes of thought and skills should provide a basis for a range of occupations both at the time of graduation and throughout subsequent careers.
The study of second and third-year subjects in economics can significantly add to the analytical skills and career prospects of students choosing to major in accounting and finance, management, or quantitative studies. Second-year and third-year elective subjects further develop the insights gained in the compulsory first-year economics subjects. These applied subjects illustrate the applicability of economics to better understanding a wide range of business issues.
The
Department of Economics offers two-year and three-year sequences in economics
and a fourth-year honours program. For Bachelor of Economics, Bachelor of
Commerce and Bachelor of Accounting students, ECC1000 and ECC1010 are
compulsory. ECC2000 and ECC2010 are also compulsory for Bachelor of Economics
students and these core subjects should be taken by all students wishing to
take a major sequence in economics. Such students should also take at least
four other subjects from the Department of Economics, of which at least two
should be third-year subjects.
Students wishing to pursue a major sequence in economic history should take the
first-year economic history subjects ECC1510 and ECC1520 and at least four
other economic history subjects, at least two being third year. Economic
history subjects offered at second and third-year levels are ECC2500/ECC3500,
ECC2510/ECC3510, ECC2540/ECC3540, ECC2550/ECC3550, ECC2560/ECC3560, ECC2520/ECC3520, ECC3750,
ECC3820 and ECC3570.
Students of the faculty may also pursue minor sequences in economics, including
economic history, by taking three second or third-year subjects from the
department. Students may also select individual subjects (provided the
appropriate prerequisites are satisfied) to complement specialisations in other
areas.
Students hoping to proceed to fourth-year honours in economics or to the Master of Economics within the Department of Economics should note that a knowledge of econometric methods is required. Students should include one of ETC2410 or ETC3440 among their selected subjects.
wwwdev@monash.edu.au
Wed Dec 2 13:01:52 EST 1998